Take Profit

Secure your profit

A Take Profit order is used to lock in any potential profit. When the take profit price has been reached an order will be executed to get out of the current position and lock in the profits. If the direction of the order is buy/close short the price needs fall below the take profit price. Conversely, when the direction is sell/close long the price needs to go above the take profit price before an order is executed.

Supported Licenses & Trading Methods

Supported License	Supported Trade Types
Beginner license	Spot trading
Simple licence	Margin trading
Advanced license	Leverage trading

Examples

• Current price: 6500 USD. Take profit price: 7000 USD. Direction: Sell. When the price goes above 7000 USD a sell order will be executed.

• Current price: 7500 USD. Take profit price: 7000 USD. Direction: Buy. When the price goes below 7000 USD a buy order will be executed.

• Current price: 7500 USD. Take profit price: 7000 USD. Direction: Close Short. When the price goes below 7000 USD a close short will be executed.

• Current price: 6500 USD. Take profit price: 7000 USD. Direction: Close Long. When the price goes above 7000 USD a close long will be executed.

Order Execution On Activation

The order execution on activation is an optional feature that allows you to get into the position you which to exit later.

Execute X Order On Activation

Enable to execute an order after the Advanced Order is activated.

Order Template

The template used to execute the order.

Price

The price on which the start order is executed.

Market Settings

Name

Create a unique name for your bot.

Account

Select the account on which the bot should run.

Market

Select which market this bot should run on.

Leverage

Specify the leverage for the bot.

Current Price

The current price of the selected market.

Order Settings

Take Profit Price

The price on which the order will be triggered.

Direction

The direction of the order that will be placed when triggered.

Order Template

The template used to execute the order when triggered

Execution Price

The price on which the order is placed when triggered

Amount

The quantity of the order.